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$2,100

1109 Demeter Dr, Portland, TX, 78374

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,464 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.43 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Range, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size5,828 sqft

Building Information

Roof Type105
Garage Spaces1

Land Information

APN8659-0002-0023-000
Lot Number23
SubdivisionDavid Estates Unit 1
Land UseSingle Family Residence
Legal DescriptionDAVID ESTATES UNIT 1 BLK 2 LOT 23
Census Tract010602
Assessed Land Value$88,791
Assessed Improvement Value$150,908
Assessment Year2025

About this property

Offering 3 bedrooms, 2 bathrooms, and a 2-car garage, this move-in ready rental combines modern style with everyday comfort. Step inside to an airy open concept layout where the living, dining, and kitchen spaces flow effortlessly together. The heart of the home is the stunning kitchen, featuring sleek quartz countertops, abundant cabinetry, a pantry, gas stove, dishwasher, refrigerator, and plenty of room to cook, entertain, and gather. The thoughtfully designed floor plan places the primary suite at the rear of the home, creating a peaceful retreat complete with a spacious walk-in closet and an elegant bath with quartz countertops. Two additional bedrooms, a second full bath, and a separate laundry room provide flexibility and convenience for everyday living. Outside, you'll find a large backyard ready for backyard barbecues, evening sunsets, or simply enjoying the coastal breeze. Added peace of mind during storm season! This home features a generator hookup with the ability to power select essential circuits during outages, helping keep important appliances and systems running when you need them most! Lawn care and pest control are provided by the owner, giving you more time to enjoy everything Portland has to offer. Conveniently located near Portland Municipal Park, the Portland Dog Park, and all the exciting new shopping and dining options in town, this home offers the perfect blend of modern living and small-town charm. One dog under 45 lbs or up to two cats are welcome. Fresh, modern, and waiting for you, schedule your showing today and discover why so many are choosing to call Portland home!

Investor Tools

$178,349Estimated Mortgage Balance
$83,651Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

Interested in this property?

Ariana Jones

Paradise Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$123
$239,699
2025
$88,791
$150,908
$239,699
No

Tax History

Year
Tax Paid
Assessed Value
2023
$123
$239,699

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$185,599
No
First
May 16, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,349
$83,651
31%
68%
$1,113/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Portland

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